A $500 million sukuk from Turkiye Finans this week was just the latest in a flood of international debt issues from Turkey. But the identity of the arranging banks, and the investors who bought the issue, pointed to a shift in capital markets.
Of the four banks arranging the deal for Turkiye Finans, an Islamic bank majority-owned by Saudi Arabiaís National Commercial Bank, two were based in the Gulf: NCB Capital and Dubaiís Noor Islamic Bank...............................................Full Article: Source